Question: What Do You Mean By Legal Responsibility?

What defines social responsibility?

Social responsibility is a means of achieving sustainability.

The responsibility of an organization for the impacts of its decisions and activities on society and the environment, through transparent and ethical behavior that: Contributes to sustainable development, including health and the welfare of society..

What is another name for a law?

Some common synonyms of law are canon, ordinance, precept, regulation, rule, and statute. While all these words mean “a principle governing action or procedure,” law implies imposition by a sovereign authority and the obligation of obedience on the part of all subject to that authority.

What is the full meaning of responsibility?

1 : the quality or state of being responsible: such as. a : moral, legal, or mental accountability. b : reliability, trustworthiness. 2 : something for which one is responsible : burden has neglected his responsibilities.

What are the main benefits of social responsibility?

The potential benefits of CSR to companies include:better brand recognition.positive business reputation.increased sales and customer loyalty.operational costs savings.better financial performance.greater ability to attract talent and retain staff.organisational growth.easier access to capital.

What are some examples of responsibility?

A responsibility is something you are expected to do. A responsibility might be a task you are expected to do. For example, your parents expect you to brush your teeth. Brushing your teeth is “a responsibility” and it is your responsibility to brush your teeth every day.

What are the 4 types of law?

Terms in this set (4)Statutory law. Laws that are passed by congress or a state government.Common law. If there is not a statutory law covering a specific situation, a judge uses common sense to help decide how to rule.administrative law. Passed by government agencies. ( … Constitutional law.

What is the root word of responsibility?

Etymologically, the word “responsibility” comes from an obsolete French word “responsible”, itself coming from a Latin word “responsabilis”, the past participle of “respondere”, meaning “to respond”. … It comes from the Old French “ableté”, meaning literally “ability” or “capability”.

What are the 4 types of social responsibility?

The four types of Corporate Social Responsibility are philanthropy, environment conservation, diversity and labor practices, and volunteerism.

What are the 3 elements of social responsibility?

Three Approaches to Corporate ResponsibilityCorporate social responsibility (CSR)The triple bottom line.Stakeholder theory.

What are some examples of CSR?

Some of the most common examples of CSR include:Reducing carbon footprints.Improving labor policies.Participating in fairtrade.Charitable giving.Volunteering in the community.Corporate policies that benefit the environment.Socially and environmentally conscious investments.

How do you explain responsibility?

A duty or task that you are required or expected to do. Something that you should do because it is morally right, legally required, etc. The state of having the job or duty of dealing with and taking care of something or someone. The quality of a person who can be trusted to do what is expected, required, etc.

Legal Responsibility Legal responsibilities are not only liable to the individuals in the society but also to the businesses in the society. … These rules and regulations are set for maintaining balance and the greater good of the society. A law-abiding enterprise is a socially responsible enterprise as well.

The state of being legally responsible for something. accountability. charge. liability. obligation.

What are 3 examples of responsibility?

An example of responsibility is having to take out the trash every night. A thing or person that one is responsible for. Something for which one is responsible; a duty, obligation, or burden. Condition, quality, fact, or instance of being responsible; obligation, accountability, dependability, etc.